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The purpose of this paper is to formulate procedures for the analysis of the time series behaviour of micro panel data subject to censoring. We assume an autoregressive model with random effects for a latent variable which is only partly observed due to a selection mechanism. Our methods are...
Persistent link: https://www.econbiz.de/10005661209
This paper examines the implications for African economies of the possible outcomes from the ongoing agriculture negotiations in the Doha Round. The paper defines scenarios that capture key elements of the modalities negotiations and undertakes simulations using a global dynamic general...
Persistent link: https://www.econbiz.de/10005835882
It’s almost a decade that the social science attitude has changed in evaluating the history and reality of the Mediterranean basin geographic area. The decadence of capitalistic modernisation has created a void in social and cultural relationships. A process of cultural legitimisation has been...
Persistent link: https://www.econbiz.de/10005836375
The experiences of the developed countries reveals that a good corporate governance could reduces risk, stimulates performance, improves access to capital markets, enhances the marketability of goods and services, improves leadership, increases the value of the corporations, enables the...
Persistent link: https://www.econbiz.de/10005837236
models, economists hope to be able to provide explanations based on laws, as described by the deductive-nomological model of …
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